IDEAS home Printed from https://ideas.repec.org/a/prg/jnlpol/v2003y2003i4id416.html
   My bibliography  Save this article

Determinanty mezd zaměstnanců v podnicích v České republice a Slovenské republice
[Determinants of individual wages in the Czech republic and Slovak republic firms]

Author

Listed:
  • Jaromír Gottvald

Abstract

The paper investigates individual wage determinants in context of classic human capital methodology. Paper tries to confront economic assumptions with empirical findings for the Czech Republic and presents that in view of labour market during late-transition period. Czech labour force is relatively well educated and trained, price of labour is low to be competitive to developed economies. Education of employee plays very important role in wage determination and there are significant increase in returns to human capital during all transition process. But working in some occupation has major individual intensity of influence on wage level than level of education. Education and occupation are strongly correlated each other but nevertheless occupation plays major role in wage determination process. Comparing other results with hypothesis, paper concludes that main assumptions are confirmed by derived findings. Paper supports that wage-age profile, regional differences or gender wage gap are becoming similar to other developed countries.

Suggested Citation

  • Jaromír Gottvald, 2003. "Determinanty mezd zaměstnanců v podnicích v České republice a Slovenské republice [Determinants of individual wages in the Czech republic and Slovak republic firms]," Politická ekonomie, Prague University of Economics and Business, vol. 2003(4), pages 541-563.
    • Handle: RePEc:prg:jnlpol:v:2003:y:2003:i:4:id:416
    DOI: 10.18267/j.polek.416
    as

    Download full text from publisher

    File URL: http://polek.vse.cz/doi/10.18267/j.polek.416.html
    Download Restriction: free of charge
    File URL: http://polek.vse.cz/doi/10.18267/j.polek.416.pdf
    Download Restriction: free of charge
    File URL: https://libkey.io/10.18267/j.polek.416?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Alan B. Krueger & Jorn-Steffen Pischke, 1995. "A Comparative Analysis of East and West German Labor Markets: Before and After Unification," NBER Chapters, in: Differences and Changes in Wage Structures, pages 405-446, National Bureau of Economic Research, Inc.
    2. Jacob A. Mincer, 1974. "Introduction to "Schooling, Experience, and Earnings"," NBER Chapters, in: Schooling, Experience, and Earnings, pages 1-4, National Bureau of Economic Research, Inc.
    3. Blanchflower, David G & Oswald, Andrew J, 1990. "The Determination of White-Collar Pay," Oxford Economic Papers, Oxford University Press, vol. 42(2), pages 356-378, April.
    4. Laszlo Halpern & Gabor Korosi, 1997. "Labour Market Characteristics and Profitability: Econometric analysis of Hungarian Exporting Firms, 1986-1995," William Davidson Institute Working Papers Series 41, William Davidson Institute at the University of Michigan.
    5. Stepan Jurajda, 2000. "Gender Wage Gap and Segregation in Late Transition," William Davidson Institute Working Papers Series 306, William Davidson Institute at the University of Michigan.
    6. Jacob A. Mincer, 1974. "Schooling, Experience, and Earnings," NBER Books, National Bureau of Economic Research, Inc, number minc74-1, June.
    7. Muysken, Joan & Ruholl, Jennifer, 2001. "The impact of education and mismatch on wages: The Netherlands, 1986 - 1998," Research Memorandum 029, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
    8. repec:eee:labchp:v:3:y:1999:i:pb:p:2809-2857 is not listed on IDEAS
    9. Jacob A. Mincer, 1974. "Age and Experience Profiles of Earnings," NBER Chapters, in: Schooling, Experience, and Earnings, pages 64-82, National Bureau of Economic Research, Inc.
    10. Orazem, Peter & Vodopivec, Milan, 1997. "Value of Human Capital in Transition Market: Evidence from Slovenia September 1996," Staff General Research Papers Archive 5126, Iowa State University, Department of Economics.
    11. Orazem, Peter F. & Vodopivec, Milan, 1997. "Value of human capital in transition to market: Evidence from Slovenia," European Economic Review, Elsevier, vol. 41(3-5), pages 893-903, April.
    12. Jacob A. Mincer, 1974. "Schooling and Earnings," NBER Chapters, in: Schooling, Experience, and Earnings, pages 41-63, National Bureau of Economic Research, Inc.
    13. Freeman, Richard B. & Katz, Lawrence F. (ed.), 1995. "Differences and Changes in Wage Structures," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226261607, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tito Boeri & Katherine Terrell, 2002. "Institutional Determinants of Labor Reallocation in Transition," Journal of Economic Perspectives, American Economic Association, vol. 16(1), pages 51-76, Winter.
    2. Searing, Elizabeth A.M. & Rios-Avila, Fernando & Lecy, Jesse D., 2013. "The impact of psychological trauma on wages in post-conflict Bosnia and Herzegovina," Social Science & Medicine, Elsevier, vol. 96(C), pages 165-173.
    3. Angel de la Fuente & Antonio Ciccone, 2003. "Human capital in a global and knowledge-based economy," UFAE and IAE Working Papers 562.03, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    4. Ken Yamada & Daiji Kawaguchi, 2015. "The changing and unchanged nature of inequality and seniority in Japan," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 13(1), pages 129-153, March.
    5. Ingo Geishecker & Holger Görg, 2008. "Winners and losers: a micro-level analysis of international outsourcing and wages," Canadian Journal of Economics, Canadian Economics Association, vol. 41(1), pages 243-270, February.
    6. Rafal Kierzenkowski & Isabell Koske, 2013. "The Drivers Of Labor Income Inequality — A Literature Review," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 4(01), pages 1-32.
    7. Szilvia Hamori, 2005. "Comparative analysis of the returns to education in Germany and Hungary (2000)," Budapest Working Papers on the Labour Market 0507, Institute of Economics, Centre for Economic and Regional Studies.
    8. Svenja Gärtner, 2013. "German Stagnation vs. Swedish Progression: Gender Wage Gaps in Comparison, 1960-2006," LIS Working papers 586, LIS Cross-National Data Center in Luxembourg.
    9. Rosen, Harvey S, 1982. "Taxation and On-the-Job Training Decisions," The Review of Economics and Statistics, MIT Press, vol. 64(3), pages 442-449, August.
    10. Nghia Thi Thu Nguyen & Cheng-Tao Tang & Chun Yee Wong, 2021. "The Impacts of Social Enterprises on Labor Market Outcomes: Evidence from Vietnam," Sustainability, MDPI, vol. 13(19), pages 1-13, September.
    11. Lucia Mateos & Ines Murillo & Maria del Mar Salinas, 2014. "Desajuste educativo y competencias cognitivas: efectos sobre los salarios," Hacienda Pública Española / Review of Public Economics, IEF, vol. 210(3), pages 85-108, September.
    12. Michaela Fuchs & Anja Rossen & Antje Weyh & Gabriele Wydra‐Somaggio, 2021. "Where do women earn more than men? Explaining regional differences in the gender pay gap," Journal of Regional Science, Wiley Blackwell, vol. 61(5), pages 1065-1086, November.
    13. Büchel, Felix & Helberger, Christof, 1995. "Bildungsnachfrage als Versicherungsstrategie : der Effekt eines zusätzlich erworbenen Lehrabschlusses auf die beruflichen Startchancen von Hochschulabsolventen," Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 28(1), pages 32-42.
    14. Niklas Engbom & Christian Moser, 2017. "Returns to Education through Access to Higher-Paying Firms: Evidence from US Matched Employer-Employee Data," American Economic Review, American Economic Association, vol. 107(5), pages 374-378, May.
    15. Wen-Jhan Jane, 2013. "Overpayment and Reservation Salary in the Nippon Professional Baseball League," Journal of Sports Economics, , vol. 14(6), pages 563-583, December.
    16. Arceo-Gómez, Eva O. & Campos-Vázquez, Raymundo M., 2014. "Evolución de la brecha salarial de género en México," El Trimestre Económico, Fondo de Cultura Económica, vol. 0(323), pages .619-653, julio-sep.
    17. Razzak, Weshah, 2017. "International Productivity Growth Differentials Sectoral Analysis and Missing Productivity," MPRA Paper 84967, University Library of Munich, Germany, revised 06 Mar 2018.
    18. Lehouelleur, Sophie & Beblavý, Miroslav & Maselli,Ilaria, 2015. "How returns from tertiary education differ by field of study: Implications for policy-makers and students," CEPS Papers 10835, Centre for European Policy Studies.
    19. Thierry Debrand & Sophie Pennec & Anne-Gisèle Privat, 2003. "Un modèle de microsimulation pour la projection des retraites du régime général," Economie & Prévision, La Documentation Française, vol. 0(4), pages 215-230.
    20. A. G. Holtmann & Todd L. Idson, 1991. "Winning an Educational Scholarship," The American Economist, Sage Publications, vol. 35(1), pages 30-39, March.

    More about this item

    Keywords

    wage determinants; transition; wage function; returns to human capital;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • P21 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Planning, Coordination, and Reform

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlpol:v:2003:y:2003:i:4:id:416. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.